Requirements

Those who have utilized the real estate in deed before July 21, 1993, and are willing to pay the compensation for the occupying period.

Rent calculation

1. Monthly Rent = Declared Land Value of the Year × Leased Area × 0.05 ÷ 12.

2. During the effective term of the tenancy, the rent should be changed accordingly after a change in the declared land value or the rent rate of direct lease (i.e., 0.05) by law.

Rent discounts

1. A 50% discount for self-use residences (leased area under 300m²) or for arcades used as public passages.

2. Only one discount may apply to one leased property at a time. When the cause and fact of a rent discount extinguishes (e.g., land use change to non-residential use or withdrawal of household registration), the corresponding rent discount will end from the date of extinguishment of its cause and fact.